Wednesday, 3 January 2018

Apply For Tony Elumelu Foundation Entrepreneurship Programme 2018

The Tony Elumelu Foundation (TEF) is now accepting applications for business ideas that can transform Africa. The Programme, in its 4th cycle, is Tony Elumelu Foundation’s 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs by 2024.

1,000 entrepreneurs will be selected based on the viability of their idea, including: market opportunity; financial understanding; scalability; and leadership and entrepreneurial skills demonstrated in the application.

Training:12 weeks of intensive online training which guides creating and managing a businessMentoring: A world-class mentor to guide during the early transformation stages of the businessFunding:$5,000* in seed capital to prove the concept, plus access to further fundingNetwork: Access to the largest network of African start-ups and TEF’s own global contactsEligibility Requirements for Tony Elumelu Foundation Application 2018:The business must be based in AfricaThe business must be for profitThe business must be 0-3 years oldApplicants must be at least 18 and a legal resident or citizen of an African country